£156,332
This estimated value is based upon the latest sale price for the house of £84,000 on 5 Apr 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £84,000 | 5 Apr 2005 |
| £56,000 | 22 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in April 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £84,000 results in an estimated price of approximately £156,332.
| 5 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £84,000 | £72,332 | £156,332 |
The Postcode Pricing Model uses changes in average sales price within the WV10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 130.109 % | £109,291 | £193,291 |
| 3 Month Average | 83.867 % | £70,448 | £154,448 |
| 6 Month Average | 90.639 % | £76,136 | £160,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £243,127 | £241,000 | 11 OLD FALLINGS LANE |
| 26 Jul 2023 | £273,683 | £270,000 | 15 OLD FALLINGS LANE |
| 20 Jan 2023 | £223,945 | £225,000 | 1B FIFTH AVENUE |
| 11 Jul 2022 | £175,472 | £175,000 | 3 CROFT LANE |
| 1 Jul 2022 | £202,545 | £202,000 | DEAN VILLA FIFTH AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jan 2016. Using an estimated price of £156,333 means this house is valued at £1,796 per sq meter (£166 per sq foot).
The average size of a house on WOLSELEY BANK is 117 sq meters (1,260 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Wolseley Close |
| Apr 2024 | Anti-social behaviour | On or near Wolseley Gate | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wolseley Gate |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wolseley Gate |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolseley Gate |